CHO

Chaikin Oscillator (CHO) – indicator MetaTrader 5

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Chaikin Oscillator
Chaikin’s Oscillator (CHO) is the difference of moving averages of Accumulation/Distribution. “The concept of this oscillator is based on three main theses. First: if a share or an index is higher when it closes than it was during the day (you can calculate the average value as [max+min]/2), it means that it was a day … Read more

CHO Smoothed Arrow – indicator MetaTrader 5

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CHO Smoothed Arrow
The idea of the indicator The indicator shows in the main window the signals (Arrow objects) of the iCHO indicator (Chaikin Oscillator, CHO) and the smoothed iCHO Rice. 1. CHO Smoothed Arrow Please note: indicators in the subwindow were added SPECIALLY IN MANUAL MODE, for visualization CHO Smoothed Arrow – indicator MetaTrader 5

CHO Smoothed EA – EA MetaTrader 5

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CHO Smoothed EA
Trading strategy The EA uses a custom indicator ‘CHO Smoothed’ – the indicator uses two lines: the iCHO line (Chaikin Oscillator, CHO) and the iCHO line smoothed using ‘Moving Average’. The indicator is created on the specified timeframe ‘Working timeframe‘ – the same timeframe is used to determine the moment of the birth of a new bar … Read more

CHO Smoothed Arrow 2 – indicator MetaTrader 5

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CHO Smoothed Arrow 2
The idea of the indicator Display ‘Arrow’ in the main window if two lines intersect: ‘CHO’ and ‘Smoothed CHO’. Version 2 has more stringent signal checking: the ‘BUY’ signal can only form below the zero line, and the ‘SELL’ signal can only form above the zero line. Rice. 1. CHO Smoothed Arrow 2 Please note … Read more